UTZ Manufacturers Announces Promotions to Govt Administration Workforce as Corporation Positions for Up coming Stage of Expansion
HANOVER, Pa., July 26, 2021–(Enterprise WIRE)–Utz Makes, Inc. (NYSE: UTZ) (“Utz” or the Business”), a primary U.S. manufacturer of branded salty snacks, nowadays introduced a number of improvements to its Executive Management Crew. Today’s announcements replicate the Company’s ongoing system of analyzing abilities necessary in its management group to improved posture Utz for its next section of advancement.
“As we evolve as a general public enterprise, we will keep on to boost Utz’s management staff to speed up our capability to improve and improve our business,” explained Dylan Lissette, Chief Executive Officer of Utz. “Our collective target is to build prolonged-time period benefit for our stakeholders, and we are uniquely positioned to capitalize on expansion opportunities for our Ability Manufacturers while also boosting profitability by our value creation initiatives. We consider today’s bulletins deliver the Organization with the optimal organizational framework to execute from our system, and will best situation Utz to provide on its determination to be the speediest-rising, pure-engage in branded salty snack enterprise of scale in the U.S.”
Currently the Company introduced the subsequent adjustments to its Executive Management Team:
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Cary Devore has been appointed Government Vice President and Chief Functioning Officer, a new place in just Utz, efficient Oct 4, 2021. Mr. Devore is at present the Company’s Main Financial Officer and will proceed to report to Dylan Lissette, Chief Government Officer of Utz. As Main Operating Officer, Mr. Devore will get the job done across the firm to support generate profits development, productiveness, and operational excellence. In addition, he will continue on to travel the Company’s strategic company initiatives like mergers and acquisitions, capital markets, as effectively as keep on to offer oversight for the Venture Management Workplace, which manages the implementation of price development and acquisition integration initiatives.
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Cary joined Utz in 2016 as a Board Member as section of a minority equity expense into Utz and transitioned to a whole-time operational purpose in 2017. From 2016 to 2019, Cary worked closely with Mr. Lissette on driving M&A (completing eight acquisitions alongside one another), worth creation and workforce advancement, as Utz ongoing its national enlargement and crafted out its abilities. In 2019, Cary grew to become EVP and CFO, where he concentrated on top the Company’s merger with Collier Creek Holdings and its really thriving changeover to a public firm.
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Ajay Kataria has been appointed Executive Vice President and Main Economic Officer, successful Oct 4, 2021. Mr. Kataria is at this time the Company’s Govt Vice President of Finance and Accounting and will report to Mr. Lissette. Mr. Kataria is a world wide buyer merchandise finance leader with a lot more than 20 yrs of encounter. As CFO, he will believe duty of Accounting, Tax and Investor Relations, in addition to the company spouse teams and Data Engineering perform, that he oversees now.
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Ajay joined Utz in 2017 and has been instrumental in constructing out the Company’s FP&A, Professional Finance, and Supply Chain Finance teams, as effectively as overseeing the IT functionality, and taking part in a leadership part in migrating to a new totally integrated ERP infrastructure. In addition, Ajay has been a critical contributor to Utz’s M&A integrations and helped direct the Accounting group by means of the Company’s public listing procedure. Ajay joined Utz from Armstrong Flooring, Inc. (NYSE: AFI), exactly where he served as Vice President, World wide Finance and Method, and led all features of enterprise finance and strategy, which includes intercontinental finance groups throughout Asia and Australia. Prior to Armstrong, Ajay was with Chobani as Vice President, Finance, where he played a important position as element of the workforce brought in by a non-public fairness investor. Prior to that, Ajay invested a decade with PepsiCo, Inc. (NASDAQ: PEP), wherever he held significantly complex finance roles in large regional and countrywide Direct Retail outlet Shipping (“DSD”) operations inside the U.S. beverage business.
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Jim Sponaugle has been appointed Executive Vice President and Chief Folks Officer, helpful Oct 4, 2021. Mr. Sponaugle is currently the Company’s Senior Vice President of Human Sources and Personnel Improvement and will carry on to report to Mr. Lissette in his new job. Jim joined Utz in early 2020 and was instrumental in guiding the Firm via the COVID-19 pandemic, even though he also assisted to develop the Company’s corporate governance and compliance framework as a freshly public company. Jim is passionate about positioning Utz for a stronger foreseeable future targeted on talent enhancement as the Enterprise proceeds to mature.
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Todd Staub, Executive Vice President and Main Administrative Officer, has introduced his intention to retire productive January 3, 2022. Mr. Staub has a incredible background at Utz, supporting to develop the Corporation about the past 25 a long time from $100 million in gross sales to above $1 billion today. Todd’s contributions incorporate Controller, Main Economic Officer, and ultimately the promotion to Govt Vice President & Main Administrative Officer in 2017. Todd has graciously provided Utz major recognize of his long term retirement to make sure a smooth transition, and the Firm thanks Todd for his remarkable contributions during his productive tenure at Utz.
Utz Manufacturers snack foods can be located in top vendors across the U.S. or available on line at Utzsnacks.com. Be part of the discussion on Facebook, Instagram, and Twitter utilizing @UtzSnacks.
About Utz Brands, Inc.
Utz Brand names, Inc. (NYSE: UTZ) manufactures a diverse portfolio of savory treats via well-liked brands like Utz®, ON THE BORDER® Chips & Dips, Golden Flake®, Zapp’s®, Excellent Health and fitness®, Boulder Canyon®, Hawaiian® Brand name, and TORTIYAHS!®, among others.
Just after a century with sturdy household heritage, Utz carries on to have a enthusiasm for exciting and delighting buyers with mouth watering snack foodstuff made from top-excellent components. Utz’s merchandise are distributed nationally by grocery, mass merchandisers, club, convenience, drug and other channels. Based in Hanover, Pennsylvania, Utz operates fifteen facilities situated in Pennsylvania, Alabama, Arizona, Illinois, Indiana, Louisiana, Massachusetts, Michigan and Washington. For more facts, remember to go to www.utzsnacks.com or simply call 1‐800‐FOR‐SNAX.
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Contacts
Utz Brands, Inc. Contacts:
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Kevin Brick
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Traders
Kevin Powers
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